China seeks exemption from US sanctions for Russian LNG – Reuters ...News

Economy by : (Russia Today) -
Restrictions on the Arctic LNG 2 energy project endanger vital fuel supplies, according to Chinese energy majors China’s state energy majors CNOOC and China National Petroleum Corp (CNPC) have both asked the US government for exemptions from sanctions on a new Russian liquefied natural gas (LNG) export plant. They are seeking to prevent disruption to crucial fuel flows, Reuters reported on Friday, citing people with direct knowledge of the matter. The Arctic LNG 2 energy project, which is located on the region’s Gyda Peninsula, is operated by Russia’s largest independent LNG producer, Novatek. It will feature thre

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